24/03/2023
HOW TO TRADE LIKE THE BIG BANKS
Wondering why sometimes your analysis are uptight and your trading set up is cool yet you still loose money in the Forex Market? The Forex Market is made up of 90% retail traders and 10% Smart Money traders(Big Banks).
Statistics have shown that Smart money traders are profitable 90% of the times in all their trades in the forex market. I mean they can make 100,000 or 300,000 Dollars from a single trade. This is approximately 50million or 100 million when converted to Naira. Wow! This is a whopping sum.
I know what you're thinking, you'll wanna trade like the big bank.
How does these institutional funds make lots of money and retail traders looses, it all boils down to how the bank trades . The big Banks are the heavy financial institutions we call them market makers. They have lots of money to trade and their volume of trade is significant.
Here are some examples of the big institutions: Jp Morgan Chase and Central banks. Hedge funds. Large institutions like major insurance companies and global company You can't beat the big Banks so I'm gonna show you how to trade like them.
Trading Strategy of the big Banks: 1.Accumulation 2.Manipulation and 3.Distribution
Accumulation
This stage guarantees a successful trade. Unfortunately most traders find it meaningless and never pay attention.
Your goal is to track down the area where the smart monies are planning to enter. Smart monies trigger their trades in bits in other words they make small buy or sells depending on how they want the market to trend.
Assuming the market movers want to drive the market on a downtrend they take many short position at intervals for hours or maybe days, it depends. Retail traders will be buying while the smart Money are selling.
Manipulation Stage.
It goes by do many names 1 false breakout 2 false push 3 stop hunt 4 bull or bear trap As a forex trader, there are times you would have sworn the market is against you. One moment you are sure price is going in one direction and suddenly the price goes in the opposite direction.
This is purely manipulation by the Big banks Retail traders, i.e you and I lol 😅 normally fix our pre-order posting above or below the consolidation zone. Hoping to ride the breakout when it happens. Then if a false breakout happens, this temporal breakout triggers your position and you'll be Happy thinking of the Nice NIKE shoes and the car you gonna buy if the trade hits your target. Then BOOM! it reverses in direction and comes back to hunt your stop looses. When this happens.
The Smart Money are Manipulating the market.
Distribution Stage... Continued. Follow both my free and Paid training to get the full package and many more in my Mastering the Forex Trading Course. I've packaged all the strategy to trade like the big Banks and many other trading strategy to make you consistently profitable in the market.
Just reply with Interested below on the comment section.
